Page 561 - 08 News Today

Truthful testimony before congress is essential. the committee referred to the justice department because we had significant doubts about the truthfulness of his testimony in 08. i thank the justice department for its thorough and professional investigation. one member of congress, republican congressman ted poe of texas said, millions of dollars of taxpayer money have been squandered in this prosecution. martha: question of how much evidence you need to have before going into something like thi...

>> put a lot of hard work into that career and so, again i appreciate my teammates that came in and all the e-mails and phone calls. my teammates, thank you very much. martha: boy, it has been a long five years for roger clemens through this saga. his attorney called it a big day of celebration for them. steve centanni live on this in washington. steve, what questions really arise in the end from this clemens prosecution? >> reporter: well, martha the first one whether the justice department is ...

Their parents insurance until 26, stuff like that that is much more relatable for people than all the other stuff. ive heard very valid arguments from both people that its a win for the president or a win for republicans with the remainder of the law. im not really sure where it is. >> dont you feel the politics are sort of baked in the cake already on this? this has already been a huge negative for him and really, a huge downdraft on the congressional side more than on the presidential side at ...

Doors? so they want to shoot down the idea that that is what theyre going to be involved in. so a lot of the outreach has been kind of stressing -- the spokesman told me just one tactic he has. he never using romneys name in interviews. even when people are talking about the candidate, he tries really hard to leave romney out of the equation and make it more generic. >> where people will get confused about where they stand on this. and as i said, i was looking into what their website claims, and...

convention. the texas congressman will join us live this hour. well talk about his presidential hopes and the 2012 election. and if youre fuming about surprise credit card fees or lousy service, theres now a place where you can share your complaints with the entire world. im wolf blitzer. youre in "the situation room." this is just coming in to the "the situation room" right now. take a look at this. wow. its a huge, huge crowd that has gathered at tahrir square in cairo. tens of t...

Order to keep interest rates low. let me give you background using a couple charts. the first one takes a look at our deficit. obviously each year when we run a deficit, we then have to go out and borrow money to fund that deficit. back in the 05, 06, 07 period the deficits were low, funded heavily by foreign borrowing, although they look small now in retrospect. fed wasnt terribly active. private sector meaning americans werent terribly active. then in 08 the deficits exploded and so they had t...

First told you about on friday. the mainstream medias coverage of president obama seems to be getting a little more critical all of a sudden. there is growing evidence the once glowing coverage he received is dulling some. over on cnn candy crowley grilled a presidential spokesman about a lackluster campaign message. even chris matthews seemed disappointed by the obama campaign. joining us now to talk about it our "news watch" panel, jim pinkerton, contributing editor and writer for the "america...

If the market is not doing what the european central bank is telling it to do. >> if your merkel, the german electorate, what do you do? what do you do? whats she supposed to do right now? >> i think weve entered this realm where i think its a danger in the u.s., too, where the fed had to do this or the economy wont grow. we have that moment in 08 and 09, but after that, it was companies, consumers and individuals trying to figure out -- >> and get more for less through new ways of solving probl...

Mountains of free money lying around. look, i would differ with dan in one respect. remember in 1997. the asian contagion and currency crisis, the united states sailed through that, even though numerous asian economies collapsed in the summer. what we need to do is look at europe and understand what it means when you run an entitlement state decades after decade. >> and what about the absolute now? remember september of 08, in the united states? if wed let everybody crash, it would not have tarp...

Cash and stock market. you need to take a longer-term view and create a properly balanced portfolio. >> jamie: all along, we have been told, if you diversify, you will be okay, you will make it through anything, a recession, even the situation overseas. but this seems to be more serious? >> lets look at the advice, first. people go to diversify. they picked last years winners. they come in with a portfolio, they own seven international funds. thats not diverseification. you need to have a broad-...